Have your company’s capital in more than one bank and make sure that at least one of them is a LARGE top 10 bank, ideally one of top 4 - Chase, BofA, Citi, Wells.
Make sure your money is in a fiduciary account.
Diversify and maintain sweep accounts to treasuries for excess cash to keep in your name and off balance sheets.
Incorporate your parent company in your main market; Delaware C-Corp if you plan to bank in the US.
If SVB is acquired by a top bank and properly capitalized it will remain the best place for startups and VCs to bank. In the short term until we learn about an acquirer, it is technically one of the safest banks in the world because existing and new deposits are 100% insured by the US Fed.
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